Results of Annual General Meeting
INDUSTRIALS REIT LIMITED
(Formerly Stenprop Limited)
(Registered in Guernsey with registration number 64865)
LSE share code: MLI JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")
14 September 2022
Results of Annual General Meeting
The Industrials REIT Annual General Meeting was held yesterday 13 September 2022 (in terms of the notice
of Annual General Meeting dispatched to shareholders on Thursday, 28 July 2022). A poll was held on each
of the resolutions proposed and the results of the poll are set out below. Resolutions 1 to 14 were passed
as ordinary resolutions and resolutions 15-17 were passed as extraordinary resolutions by the requisite
majority of shareholders.
Ordinary Shares % of issued Votes for % of Votes % of Votes
Resolutions voted share votes for against votes withheld
capital against
voted*
1. To receive 129,243,156 43.88 129,219,751 99.98 23,405 0.02 0
the Company's
annual report
and audited
financial
statements
2. To approve 129,093,840 43.83 125,693,062 97.37 3,400,778 2.63 149,316
the Directors'
remuneration
policy
3. To approve 129,093,840 43.83 125,430,859 97.16 3,662,981 2.84 149,316
the Directors'
remuneration
implementation
report
4. To re-elect 129,238,562 43.88 127,863,225 98.94 1,375,337 1.06 4,594
Richard John
Grant as a
director of the
Company
5. To re-elect 129,243,156 43.88 128,725,122 99.60 518,034 0.40 0
Paul Maurice
Arenson as a
director of the
Company
6. To re-elect 129,243,156 43.88 128,726,184 99.60 516,972 0.40 0
Julian Roger
Carey as a
director of the
Company
7. To re-elect 129,219,883 43.88 129,176,323 99.97 43,560 0.03 23,273
James Edward
Day Beaumont
as a director of
the Company
8. To re-elect 129,243,156 43.88 129,218,570 99.98 24,586 0.02 0
Louisa Mairi
Bell as a
director of the
Company
9. To re-elect 129,243,156 43.88 129,219,632 99.98 23,524 0.02 0
Philip John
Holland as a
director of the
Company
10. To re-elect 97,821,104 33.21 85,070,225 86.97 12,750,879 13.03 31,422,052
Paul Jerome
Miller as a
director of the
Company
11. To re-elect 129,243,156 43.88 129,219,632 99.98 23,524 0.02 0
Richard Sauvan
Smith as
director of the
Company
12. To re-elect 97,821,104 33.21 90,832,781 92.86 6,988,323 7.14 31,422,052
Patricia Anne
Watson as
director of the
Company
13. To re- 129,243,156 43.88 126,601,798 97.96 2,641,358 2.04 0
appoint BDO
LLP as auditor
of the Company
14. To 129,243,156 43.88 129,219,751 99.98 23,405 0.02 0
authorise the
Audit and Risk
Committee to
determine the
remuneration
of the auditor
Extraordinary Shares % of issued Votes for % of Votes % of Votes
Resolutions voted share votes for against votes withheld
capital against
voted*
15. THAT the 129,219,883 43.88 113,150,002 87.56 16,069,881 12.44 23,273
Company be
authorised to
disapply
statutory pre-
emption rights
on the
allotment of
shares
16. THAT the 129,243,156 43.88 113,226,706 87.61 16,016,450 12.39 0
Company be
authorised to
disapply
statutory pre-
emption rights
on the
allotment of
shares for an
acquisition or
capital
investment
17. THAT the 129,219,883 43.88 126,579,009 97.96 2,640,874 2.04 23,273
Company be
authorised to
purchase its
own shares.
* excluding ordinary shares held in treasury.
The issued share capital of the Company as at 5.00 p.m. UK time/6.00 p.m. SA time on Friday, 9 September
2022 (the time by which shareholders who wanted to attend, speak and vote at the Annual General Meeting
were entered on the Register) was 298,775,175 ordinary shares, with 4,258,406 shares held in treasury.
The total number of voting rights in the Company was therefore 294,516,769.
In accordance with LR 9.6.2 of the Financial Conduct Authority's Listing Rules, copies of the resolutions will
be submitted to the National Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The full text of the resolutions is set out in the notice of Annual General Meeting which is also available
at Industrials REIT - Circulars and Notices
For further information:
Industrials REIT Limited 44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont (james.beaumont@industrials.co.uk)
Numis Securities Limited (Financial Adviser) 44(0)20 7260 1000
Hugh Jonathan
Vicki Paine
FTI Consulting (PR Adviser) 44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose
industrialsreit@fticonsulting.com
Java Capital 27 (0)11 722 3050
(JSE Sponsor)
About Industrials REIT :
Industrials REIT is a UK REIT with a primary listing on the London Stock Exchange and a secondary listing
on the Johannesburg Stock Exchange. The objective of the Company is to deliver a combination of
sustainable growing income and growth in value to its investors. Industrials REIT focuses on owning
and operating a diversified portfolio of UK purpose built multi-let industrial (MLI) estates across the
UK. The Company aspires to be the leading MLI business in the UK. For further information, go
to www.industrialsreit.com .
Date: 14-09-2022 01:00:00
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